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Triplex at 2302 8th
$1,599,999
2302 8th
La Verne, Los Angeles, 91750
Triplex · 3 units
Active · 141 days on market

Deal numbers

Est. cap rate
3.7%
Assumed rent, all units
$9,780/mo
Units
3
Price per unit
$533,333
Est. annual NOI
$58,680
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$111,492
Operating expenses
$55,746
Net operating income
$55,746
Annual debt service
$95,803
Annual cash flow
-$40,057
Cash on cash return
-10.0%
Down payment
$400,000

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Triplex
Bedrooms
6
Bathrooms
3
Building size
2,977 sqft
Lot size
8,186 sqft
Year built
1977
Stories
2
Garage spaces
2
Style
Contemporary
Heating
Central
Cooling
Central Air
Pool
None
View
Mountain(s),Park/Greenbelt
Status
Active
Days on market
141
MLS #
238906855

About this property

Welcome to 2302 8th Street, La Verne (91750) — this cozy 3-unit property in one of the San Gabriel Valley’s most desirable college-town pockets. Whether you’re looking for a turnkey investor rental or a smart “live in one / rent the others” lifestyle, this is the kind of property that checks the boxes: three separate units, private entries, strong tenant demand, and no local La Verne rent control (buyer to verify any applicable state requirements). Property highlights: approximately 2,945 SF total on an 8,183 SF lot, thoughtfully configured for privacy and independence with separate entrances and comfortable separation between units. Both ADUs are fully permitted, offering long-term flexibility and cleaner financing/insurance conversations. Unit breakdown: (Unit A) Primary Residence (approx. 1,563 SF): 3 bedrooms, 2 bathrooms, gallery kitchen, inviting living room with fireplace, and a spacious primary suite with jacuzzi tub. Dedicated A/C for the main house; (Unit B) Main ADU (approx. 1,000 SF, two-story): 3 bedrooms, 1 bathroom, full kitchen, dedicated laundry area, and private entry. Ideal as a high-demand rental or extended-family setup; (Unit C) Junior ADU (approx. 382 SF): charming studio with its own kitchen, bath, and private entrance — perfect for additional rental income, guests, or a quiet work-from-home retreat. Recent improvements & systems: recently remodeled bathrooms, new water heater, a paid-off solar panel system, and a recent permitted roof. The main ADU and junior ADU share a separate A/C system from the primary residence. Parking & access: a detached 2-car garage, a large driveway with parking for up to six vehicles, plus RV parking — all enhanced by convenient alley access. Lifestyle + location: North-facing with Foothill views and overlooking Las Flores Park, this is quintessential La Verne living. Enjoy nearby recreation and easy access to Raging Waters and Bonelli Regional Park, plus the steady pull of nearby higher-education anchors — University of La Verne and the Claremont Colleges — supporting consistent rental demand. A rare opportunity to own a permitted triplex-style property in a prime La Verne setting — income today, flexibility tomorrow.

Location

2302 8th

La Verne, Los Angeles, CA, 91750

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2302 8th, La Verne CA | Multifamily for Sale